By  on August 15, 2013

The challenging second quarter results and third quarter guidance revisions Wal-Mart Stores reported this morning are likely to rattle Wall Street as Macy's unexpected stumble unnerved the marketWednesday.

Wal-Mart on Thursday reported a higher second-quarter profit, as net sales grew 2.4 percent to $116.2 in the 13-week period ended July 26, from $113.3 in last year's second quarter. Total revenue was $116.9 billion, a 2.3 percent increase over $114.2 billion in last year's period.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus